Cohen Tapes Erase Attorney-Client Privilege, 'Indication of a Fraud'

Michael Cohen and Donald Trump

Cohen's lawyer, Lanny Davis, provided the recording to CNN on Tuesday.

He added that he doesn't believe that Americans are angry at Trump, but rather are "embarrassed" and "sad" over the state of the country. Eleven of the recordings handed over to prosecutors in New York's Southern District are conversations Cohen had with members of the media, two sources familiar with the recordings told ABC News.

For the first time, we're hearing audio between then-presidential candidate Donald Trump and his attorney Michael Cohen discussing how they would purchase the rights to a Playboy model's story about an alleged affair she had with the real estate mogul.

U.S. President Donald Trump on Wednesday expressed disbelief that his longtime personal lawyer Michael Cohen would have taped conversations with him, a day after an audio recording of a conversation between the two men was aired on U.S. television.

Without any claim to attorney-client privilege, investigators - including those working on special counsel Robert Mueller's Russian Federation investigation - would have free reign to examine a slew of documents and tapes about Trump and Cohen's business dealings. In the tape, Trump suggests paying "cash" for the rights to the story. Ms McDougal sold her story to the National Enquirer, which never published it. The story was never published by AMI.

Common Cause says the tape bolstered their argument that Trump knew about the payment and that it was potentially illegal.

"I need to open up a company for the transfer of all of that info regarding our friend, David, you know, so that - I'm going to do that right away", Mr Cohen says. "Michael Cohen and his legal team were reluctant to respond out of respect for the process", the person said of the period after the existence of the tape became public. Federal prosecutors investigating President Trump's former personal attorney are now in possession of 12 audio recordings seized during raids of Cohen's home, office and hotel room, according to new court filings. They also talk about mundane matters with the campaign, such as polling numbers.

Rudy Giuliani, Trump's current attorney, told Fox News on Tuesday that there was no "indication of any crime being committed on this tape", though didn't address why the Trump campaign had previously denied having any knowledge of the McDougal payment.

There has been no comment from President Trump at this time.

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